National or Regional Currency: Pakistani Rupee, PKR
Population: 174,578,558 (July 2009 est.)
Area: total: 796,095 sq km
Status: 27th largest economy in the world in terms of purchasing power, and the 45th largest in absolute dollar terms.

Thursday, February 3, 2011

Conference on doing business in Pakistan to be held on February 10

LONDON, Feb 3 (APP): A conference to identify opportunities for doing business in Pakistan is being jointly organised here on February 10 by the UK Trade and Investment and Pakistan High Commission. The event will take place at the Lancaster House where Pakistan’s Minister for Investment Saleem Mandiwala and British Minister for Trade and Investment Lord Green will be the key note speakers. High Commissioner for Pakistan to the UK Wajid Shamsul Hasan and his British counterpart in Islamabad Adam Thomson will also address the conference.

The event will highlight business opportunities in Pakistan for the UK companies. Over 100 UK companies are already operating successfully in Pakistan and the bilateral trade between the UK and Pakistan is worth over 1 billion pounds annually.

PHC spokesperson said Thursday the event aims to identify opportunities for business in Pakistan besides hearing views from the market of both government and business leaders.

“It will also help in creating understanding of the procurement process and aid funded business and infrastructure opportunities in Pakistan as well as support available to the UK companies seeking to do business in Pakistan,” the spokesperson added.

The event is significant in the context of Pakistan’s privatization programme. Other prominent speakers who will share their views from the market include Asian Development Bank’s Director General for Central and West Asia, Juan Miranda ,Chief Executive, Hubco Power Pakistan, Vince Harris and Chief Executive HSBC in Pakistan Lloyd Maddock.A large number of British companies will also be participating in the day long event.